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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Sentinel Metals
Sentinel Metals (SNM) investor relations material
Sentinel Metals Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary28 Oct, 2026
Executive summary
Columbia maiden drilling returned broad, high-grade gold and extended mineralisation beyond the current pit shell; an updated MRE is targeted for November 2026.
Big Springs acquisition added a second US gold project with a 1.01Moz resource, complementing Columbia's 920koz resource.
Financial highlights
Quarter-end cash and cash equivalents were A$6.078m; net operating cash outflow was A$859k and net investing outflow A$10.783m.
Financing generated A$14.029m net, including A$15m in equity proceeds and A$971k in issuance costs; exploration and evaluation investing outflow was A$2.168m.
Estimated funding runway was 2.00 quarters based on A$6.078m available funding and A$3.027m in relevant quarterly outgoings.
Outlook and guidance
Columbia's 15-hole, ~3,700m drilling program concluded in October; results for holes 12–15 and additional fire assay and multi-element results were pending.
Updated Columbia MRE targeted for November 2026, subject to receipt and interpretation of outstanding data.
Big Springs near-term work includes planning future drilling and targeting extensions of high-grade shoots at permitted North Sammy.
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Latest events from Sentinel Metals
- Big Springs acquisition and Columbia drilling success create a 2Moz North American gold growth platform.SNM
Company presentation - Net loss increased to $1.32 million as exploration ramped up and Big Springs was acquired.SNMH1 2026
- Large-scale Montana gold project with 920koz resource, strong upside, and experienced leadership.SNMCorporate presentation
- Large-scale Montana gold project with 920,000oz resource, strong upside, and near-term growth.SNMEuroz Hartleys Rottnest Conference presentation
- Large-scale Montana gold-silver project advancing with strong resource, leadership, and permitting.SNMAGM 2026 presentation
- Acquisition of Big Springs in Nevada creates a 2Moz gold platform with immediate growth potential.SNMAcquisition presentation
- Resource base to double with Big Springs; Columbia drilling and assays drive growth catalysts.SNMStatus update
- Raised $10M in IPO, advanced Columbia Gold Project, and planned major drilling for 2026.SNMQ4 2025 TU
- Raised $10M in IPO, advanced Montana gold exploration, ended 2025 with $1.6M net loss.SNMH2 2025
Sentinel Metals
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